Bundesbank: Capital Tax First, Then Rescue

The latest financial report published by the German Federal Bank, “Bundesbank” argues that countries on the verge of bankruptcy should ensure the necessary funding...

Barroso Tells Anastasiades: No More Money

European Commission President Jose Manuel Barroso has written Cypriot President Nicos Anastasiades that the island's beleaguered government won't be getting any more financial aid...

Bloomberg: The European Debt Crisis (Video)

The news agency Bloomberg with a short animated film, explains the reasons that led to the economic crisis outburst in Eurozone with disastrous consequences...

Debt Haircut is Part of Greece’s Problem

The restructuring of the Greek debt is not part of the solution but rather part of Greece’s problem, Holger Schmieding, German economist and the...

Greeks Invest in Albania

According to the Greek Embassy in Tirana, Greece ranked first in Foreign Direct Investment stock. According to statistics acquired from the Central Bank of Albania,...

Austria Will Give Greece Bond Profits

Austria’s Parliament has decided not to keep profits from its holding of Greek bonds and will return them to Greece in a grant to...

Germans Say Greeks, Cypriots Hide Riches

Der Spiegel’s front-page of April 15 had the provocative title, The poverty lie. How the countries in crisis cover up their riches, showing on...

Chountis Questions Eurozone Chief’s Standing

Nikos Chountis, a Member of the European Parliament from Greece's major opposition Coalition of the Radical Left (SYRIZA) challenged the competency of Eurozone chief ...

Greek Ecomony Needs Another Two-Three Years

The time hasn’t come yet for Greece to open itself to markets, supports the economist Anastassios Frangulidis. "An exit path however is visible and...

Sinn Sees Greece, Cyprus Leaving Euro

The German economist and President of the Ifo Institute for Economic Research in Munich, Hans-Werner Sinn, spoke in favor of a temporary exit from...